Regulation
Hacks
Around $20M at risk as Friend Tech’s security comes under scrutiny with users reporting SIM-swap attacks
SlowMist founder Cos said Friend.Tech's centralization risks information leakage.
Investments
Grayscale looks to convert discounted $5B Ethereum trust to spot ETF
Grayscale will eliminate the discount in its Ethereum Trust if it converts it into a spot ETF.
Investments
Bitcoin, Solana products lead first crypto investment inflow since mid-August
U.S. investors, however, remain cautious, withdrawing over $19 million from crypto instruments this week.
DeFi
Decentralized exchange volumes slump for six months to lowest levels since January 2021
DEXs trading volumes had soared during the first quarter of the year before the current decline.
Exchanges
Coinbase up 5% pre-market as it continues aggressive expansion plans with major payment licenses in Singapore
The license will allow Coinbase to expand its digital token services to Singaporean individuals and institutions.
Legal
SBF Trial: Judge says Sam Bankman-Fried cant blame FTX lawyers in opening remarks
The US government witness list include former FTX customers and key figures from SBF's past.
Exchanges
Former FTX CEO Bankman-Fried considered $5B offer to prevent Donald Trump presidential run
Michael Lewis described SBF as a gambler who struck a goldmine by creating his cryptocurrency exchange.
Bankruptcy
FTX hacker moves $38M in ETH just days before SBF trial start
The FTX attacker transferred a significant portion of the funds via privacy tools like THORChain and RailGun.
Bankruptcy
Gemini confirms it withdrew $282M from Genesis to boost liquidity reserves in 2022
The exchange claimed to have sent the funds to a liquidity reserve to mitigate customer risk during market volatility.
Exchanges
Binance’s Bitcoin trading volume falls amid reintroduced fees and swelling regulatory woes
Binance has faced increased regulatory troubles globally, affecting its overall market share.
Hacks
Crypto projects lose nearly $900M to hacks, exploits in Q3 – report
The blockchain security firm revealed that nearly half of the projects that were hacked during the period were unaudited.
Legal
Circle steps in with amicus brief in Binance SEC battle over stablecoin classification
The stablecoin issuer argues that financial trading regulations should not be applied to stablecoins tethered to other assets.
